Lyzle is a 26-year-old married woman and a mother of three young children ages 5, 3, and two years old. Lyzle lives in Tagbilaran, Bohol, Philiipines. She has had a sari-sari store or grocery store business for more than a year now. This is the source of their income.
Lyzle is applying for a loan worth 4000 PHP to buy more items to sell like canned goods, noodles, soda and other snack foods. With the loan, Lyzle will be able to augment her stock thus she can cater for more customers in their community.
Lyzle dreams of expanding her business to increase her income so that she will be able send her children to school and provide them a better life. Any additional revenue will be used to finance the family's daily consumption and savings.
About Community Economic Ventures, Inc.
Community Economic Ventures, Inc. (CEVI), based in Bohol, was awarded the Platinum Award for Transparency in Social Performance Reporting by CGAP. Social performance monitoring is imperative in measuring a microfinance institution’s effectiveness. The fact that CEVI is participating in this process speaks volumes about the organization’s commitment to serving its clients effectively. In addition to providing credit for its clients, CEVI provides savings, insurance, and training through regular cluster group meetings.